The good news: The U.S. Postal Service proposes to take a solid step to address its annual shortfall by eliminating most mail delivery on Saturdays, saving an estimated $2 billion per year.
The bad news: That deficit isn’t $2 billion a year. It’s $16 billion a year.
There are skeptics that even the move to reduce Saturday deliveries (you’ll still see your postman at your mailbox on Saturdays if you’re expecting certain things, such as express mail and mail-order medications) will be all that effective. As Ed Morrissey notes at Hot Air, it depends in part on whether delivery trucks have the spare capacity on Mondays to handle the additional mail, or whether more drivers will require more trips back to the post office to complete their rounds.
And, as former U.S. comptroller general David Walker tells CBS News, the USPS still must “look at more fundamental changes in its infrastructure, its compensation costs, its retirement obligations, and also what it does and who does its